Thursday, November 18, 2010

how big companies are named...interesting-4



Colgate-Palmolive- formed from a merger of soap manufacturers Colgate & Company and Palmolive-Peet. Peet was dropped in 1953. Colgate was named after William Colgate, an English immigrant, who set up a starch, soap and candle business in New York Cityin 1806. Palmolive was named for the two oils (Palm and Olive) used in its manufacture.


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Compaq- from "comp" for computer, and "pack" to denote a small integral object; or: Compatibility And Quality; or: from the company's first product, the very compact Compaq Portable.


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Comsat - an American digital telecommunications and satellite company, founded during the President Kennedy era to develop the technology. Contraction of Communications Satellites.


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Daewoo- the company founder Kim Woo Chong called it Daewoo which means "Great Universe" in Korean.


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Dell- named after its founder, Michael Dell. The company changed its name from Dell Computer in 2003.


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DHL- the company was founded by Adrian Dalsey, Larry Hillblom , and Robert Lynn , whose last initials form the company's moniker.


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eBay- Pierre Omidyar, who had created the Auction Web trading website, had formed a web consulting concern called Echo Bay Technology Group. " EchoBay" didn't refer to the town in Nevada, the nature area close to Lake Mead, or any real place. "It just sounded cool," Omidyar reportedly said. When he tried to register EchoBay.com, though, he found that Echo Bay Mines, a gold mining company, had gotten it first. So, Omidyar registered what (at the time) he thought was the second best name: eBay.com.


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More in next post...do read older post about how companies are named

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